Asking Price Contact for pricing
Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1975

Property Description

The Property is centrally located in a densely populated and affluent area of central Long Island, minutes from the Long Island Expressway, Stony Brook University, and approximately 50 minutes from Manhattan. Over 175,000 residents live within a five-mile radius of the Property, and have an impressive average household income of $155,651, with 56% of households within this area having an income of over $100,000.

Investment Highlights

a 42,215-square foot shopping center located at the intersection of Larkfield Road and Clay Pitts Road in East Northport, Long Island, New York. The Property is 93.4% occupied by ten tenants with a weighted average remaining lease term of over 9 years. The Property is anchored by a full service IGA grocery store with limited local competition and 18 years remaining on the lease. The property also has a Family Dollar which recently renewed through June 2023.
Rob Rizzi
Rob Rizzi
Managing Director
Steve Simonelli
Steve Simonelli
Senior Director

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.